Private Entry in Rail Containers
Venue: Hyatt Regency
|Event Date/Time: May 31, 2006||End Date/Time: May 31, 2006|
The government recently ended Concor's long-standing monopoly in container transport by rail and allowed private sector companies to run container trains. The private sector responded enthusiastically to the invitation. About 14 companies deposited the registration fee for procuring a licence before the March 31 deadline. Henceforth, the government plans to open the registration window once every year to allow new players to enter. The opening up of the container rail business is a welcome step. It will introduce competition in the sector and make services more cost-effective. It will also help improve the quality and efficiency of the service. To ensure a level playing field for new players as well as the incumbent operator, the government is working on a roadmap for the future. A model concession agreement is currently under preparation.
The mission of this seminar is to help address some of the issues and concerns of new and potential players and enable them to understand how the business is likely to evolve in the future. Specifically, the seminar will seek answers to questions such as:
- What kind of initial investments will the licensees have to make?
- What type of infrastructural and other support will be available for licensees to operate container trains?
- What is the future potential?
- What will be the likely competitive scenario?
- For which companies does it make most sense to enter this business?
- How is Indian Railways preparing itself to operate in a multi-operator environment?
- What steps is the government taking to ensure a level playing field? Will it set up a regulatory body to monitor the business in future?
- How will the policy impact Concor's future business and bottomline?
The seminar will have four distinct sessions: Impact and Analysis, Railways' Perspective, Private Sector Point-of-View and Future Roadmap. The session on Impact and Analysis will feature a presentation by CRISIL on the implications of the New Container Policy and the opportunities for the private sector. The session on Railways' Perspective will feature presentations by senior representatives from Indian Railways and Concor. The session on Private Sector Point-of-View will focus on the private sector's plans as well as key issues and concerns. The session on Future Roadmap will focus on the potential of the container business and the government's long-term strategy to develop it.
The seminar is targeted at officials and managers from rail companies, container leasing & handling companies, logistics companies, multimodal operators, rail/container handling equipment companies, shipping lines, major and minor ports, private port operators, stevedoring companies, financial institutions and banks, private contractors, service providers, warehousing companies, freight forwarders, consultancy organisations, etc.